The person, business or organization responsible for paying an invoice. In the case of factoring, the account debtor is the customer whose name is on the invoice sold to the factor.
Other terms explained in the Business Loans Glossary
Business Loans Glossary: Account Debtor
Business Loans Glossary: Account Debtor
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Article Id: 7 - Version: 3 - Created: 22-02-2008 - Last Updated: 26-03-2008 - Hits: 427
Categories: Glossary
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